ValuEngine Upgrades Dr Pepper Snapple Group (DPS) to “Buy”

Dr Pepper Snapple Group (NYSE:DPS) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday.

Several other research firms have also issued reports on DPS. BMO Capital Markets lowered Dr Pepper Snapple Group from an “outperform” rating to a “market perform” rating and set a $125.00 price objective for the company. in a research note on Thursday, February 1st. Gabelli raised Dr Pepper Snapple Group from a “hold” rating to a “buy” rating in a research note on Thursday, February 1st. Morgan Stanley lowered Dr Pepper Snapple Group to an “equal weight” rating in a research note on Wednesday, January 31st. Cowen reissued a “hold” rating and set a $128.00 price objective on shares of Dr Pepper Snapple Group in a research note on Tuesday, January 30th. Finally, Deutsche Bank lowered Dr Pepper Snapple Group from a “buy” rating to a “hold” rating and lifted their price objective for the company from $114.00 to $123.00 in a research note on Monday, January 29th. Twelve research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $117.43.

Shares of Dr Pepper Snapple Group stock opened at $118.40 on Monday. The stock has a market capitalization of $21,137.91, a price-to-earnings ratio of 20.07, a P/E/G ratio of 2.15 and a beta of 0.80. Dr Pepper Snapple Group has a 52 week low of $83.23 and a 52 week high of $126.65. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.72 and a current ratio of 0.90.

Dr Pepper Snapple Group (NYSE:DPS) last posted its quarterly earnings data on Wednesday, February 14th. The company reported $1.17 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.17. The company had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.66 billion. Dr Pepper Snapple Group had a return on equity of 37.05% and a net margin of 16.08%. The firm’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter last year, the company earned $0.90 earnings per share. equities analysts expect that Dr Pepper Snapple Group will post 5.1 EPS for the current fiscal year.

Hedge funds have recently modified their holdings of the business. Amica Retiree Medical Trust bought a new stake in Dr Pepper Snapple Group during the third quarter worth about $110,000. Aevitas Wealth Management Inc. bought a new stake in Dr Pepper Snapple Group during the fourth quarter worth about $136,000. James Hambro & Partners bought a new stake in Dr Pepper Snapple Group during the fourth quarter worth about $175,000. Sawyer & Company Inc bought a new stake in Dr Pepper Snapple Group during the fourth quarter worth about $205,000. Finally, Cue Financial Group Inc. bought a new stake in Dr Pepper Snapple Group during the fourth quarter worth about $205,000. 92.79% of the stock is owned by hedge funds and other institutional investors.

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Dr Pepper Snapple Group Company Profile

Dr Pepper Snapple Group, Inc is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Mexico and Canada. The Company offers a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers.

Analyst Recommendations for Dr Pepper Snapple Group (NYSE:DPS)

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